1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
shepuryov [24]
3 years ago
13

You work for a young grassroots art organization that does not have a lot of funds to invest in marketing efforts but wants to c

reate a name for the company. As a muralist, you have considerable experience beautifying schoolyards and alleys with your paintings, and suggest to your executives that you use graffiti to spread the company's name in certain neighborhoods. Because your company specializes in art, you think this would be the perfect way to market the company and its long-term social mission to fill abandoned park walls with community art and develop community gardens. Your company agrees with the idea, so you partner with other muralists and paint the company's logo in creative ways on abandoned city walls. At first, your company receives bad publicity for the stunt, but it generates a lot of inquiries about your artwork because potential customers are intrigued by your company's level of creativity and innovation.
Which of the following statements is true about the scenario described above?

a. Buzz marketing is a cheap way to promote a company, but it's usually ineffective because it can offend some people.
b. This marketing strategy is usually effective because competitors are less likely to be using the same approach.
c. This form of publicity causes potential consumers to develop a favorable view of the organization and its product.
d. Guerilla marketing enhanced the credibility of the organization and increased its sales.
e. This form of advertising is able to reach millions of people nationally.
Business
2 answers:
zheka24 [161]3 years ago
8 0

Answer:

The correct option is A which states that Buzz Marketing is a cheap way to promote a company, but it's usually ineffective because it can offend some people.

Explanation:

Muralist:

It is such an artist who makes murals. Murals are those pieces of art that usually made by painting on walls like graffiti.

  1. In this question, the muralist decided to use the graffiti for marketing purposes and they design and paint logos on walls of abandoned parks. But this technique developed a bad impression in the public but aroused curiosity in them so that's why option A is correct because buzz marketing is a cheap way to promote the company like in our scenario. It can offend people and similar thing happened in our case.
  2. Other options are not correct in this situation as option B says it is usually an effective marketing approach but in our case it is not effective as now the company has do something to show their positivity to public.
  3. Option C is not correct as it has developed negative approach in the public.
  4. Option D is incorrect as it is not relevant to our situation
  5. Option E is incorrect as we can't reach million of people in this type of people in particular time frame.

<em />

Stells [14]3 years ago
3 0

Answer: Option C

Explanation:

Option C refers to this form of publicity causes potential consumers to develop a favorable view of the organization and it product, relating to the above scenario, it can be understood that  at first the company receives bad publicity for the stunt but it generates a lot of inquires. This inquires are from potential consumers  that have developed favorable view about the product of the company why? because they were intrigue buy the art work and the creativity not the manner of publicity but the creativity. this makes option c the best answer to the scenario.

Option E would have been a good option too, because the consumers that are making inquires might possibly by from a national perspective, it is possible the bad publicity has reach people nationally but they are till intrigue by the work but it didn't pin point the main point Option C explained, "Potential Consumers" that is why it not the best fit.

Option B also states that the strategy is usually effective because competitors are less likely to be using the same approach but it didn't state the same point of it getting the attention of customers. Yes there are different strategies but potential consumers might not be interested. what got the attention of consumers was the creativity not the strategy

You might be interested in
Karl runs a store that sells small and large space heaters. The large heaters sell for $250 each with unit variable costs of $12
umka2103 [35]

Answer: Karl must sell 1350 small heaters and 450 large heaters to break even.

We follow these steps to arrive at the answer:

No.                                               Small Large     Total

1 Selling Price per unit                     80  250  

2 Variable Cost per unit                  30   120  

3 Number of units sold              2100   700       2800

4 Sales mix                                  3      1  

5 Total sales (1*3)                  168000   175000  

6 Total Variable Cost (2*3)   63000    84000  

7 Contribution Margin (5-6)  105000     91000      196000

Next we compute the Weighted Average Contribution Margin as follows:

\mathbf{WACM per unit = \frac{Total Contribution Margin}{Total number of units sold}}

\mathbf{WACM per unit= \frac{196000}{2800} = 70}

Now, Break even point (BEP) is computed as

\mathbf{BEP = \frac{Total Fixed Costs}{WACM per unit}}

\mathbf{BEP = \frac{126000}{70} = 1800 units}

Since the large and small heaters are sold in the 3:1 ratio, we can find the number of large and small heaters to be sold in order to achieve the break even point at 1800 units.

No. of small heaters = BEP * \frac{3}{4}

No. of small heaters = 1800 * \frac{3}{4} = 1350 units

No. of large heaters = BEP * \frac{1}{4}

No. of large heaters = 1800 * \frac{1}{4} = 450 units



3 0
3 years ago
Acti Manufacturing Corporation is estimating the following raw material purchases for the final four months of the year:
docker41 [41]

Answer:

Total disbursement 892,000

Explanation:

Nomvember cash disbursement for raw materials

Nomvember purchase 860,000 x 60% = 516,000

ocober purchase 940,000 x 40% = 376,000

Total disbursement 892,000

6 0
3 years ago
FlanCrest Enterprises is a mid-sized auto supply company that manufactures electronic components for cars. It has approximately
Nadusha1986 [10]

Answer: d. Control, because they are attempting to minimize labor costs

Explanation:

By trying to reduce labor costs, FlanCrest is engaging in a Control HR Strategy that will see them control the costs being expended on human resources.

This case shows how Controling activities such as cost cutting can be done to keep customers because if FlanCrest did not do what they did, they might have lost Widespread Motors as customers.

7 0
4 years ago
Which type of manager would most likely be responsible for researching customers' purchasing habits?
Gwar [14]

Answer:

Operations manger i think someone said that

3 0
3 years ago
The United States has an unemployment compensation program that provides income for those out of work. In this case, unemploymen
hoa [83]

Answer:

C

Explanation:

Unemployment itself does not get solved by the government providing unemployment benefits. Rather it prolongs the issue as many workers go onto rely on the free money and may not get back to work again. Which is a negative as the person does not "contribute to the society" in one sense. However many long-term unemployed people are unemployed for other reasons such as medical or bankruptcy, or more personal issues. Many do get back to work after a few months. However for the question itself, it is still a problem

4 0
3 years ago
Other questions:
  • Dog Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day.
    15·1 answer
  • The drugstore chain CVS uses loyalty-card data to better understand what consumers purchase, the frequency of store visits, and
    6·1 answer
  • Relationships between businesses and among nations:
    10·1 answer
  • A trial balance can be incorrect even when the total balance true/false
    10·1 answer
  • Two methods can be used to construct a statement of cash flows: the direct method and the indirect method. Under the indirect me
    7·1 answer
  • Kelsie told you her goal is to be one of the best overall programmers in the world. She​ doesn't care who she works​ for, or wha
    9·1 answer
  • Describe carefully the main difference between the Keynesian approach and the real business cycle theory in terms of explaining
    9·1 answer
  • How to choose scented candles online?
    13·1 answer
  • Lef evaluation of your work.
    14·1 answer
  • If in the short run, firms in monopolistic competition _________, new firms will enter the market.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!